Debts are a usual part of the regular Singaporean’s life. Here are a number of ways for you to tell whether your debts are spinning out of control. For the regular Singaporean, having debt is an inevitable thing in life. Most Singaporeans at least have taken a home loan. However, when you find yourself struggling

Debt consolidation makes repayment a lot easier, but it is not the best solution for everyone. Since the interests grow faster than you are able to repay the outstanding balance. It is hard repaying overdue credit card debts, not to mention several. When your debts get over 12 times what you earn each month, having

Moneylenders often offer smaller loans. The legal limit is to loan 2- 4 times of a borrower’s monthly wages. This depends on the borrower’s annual income. However, most lenders won’t offer them the entire sum. These lenders help you to overcome a short-term monetary shortfall. Thus you’ll not get a loan to buy a new

For someone who needs to borrow money. There is good news. You have many options for obtaining money. The bad news is not all these options are perfect. Choosing the wrong lender might land you in more debt. Below are the differences between them: Who can Lend You Money There are 4 types of organizations

There are licensed moneylenders and illegal moneylenders. Licensed moneylenders though are different. They will almost function like banking institution does. They normally offer personal loans to individuals with urgent needs. And when the repayment is overdue, they handle it differently. They will not take unkind actions like harassment their borrower. They instead, will send them

It may come as a surprise. But Singaporeans do not get personal loans simply because they want cash. For individuals who are terrified of a loan, need not worry. Many young Singaporeans feel the same way too. Most Singaporeans are brought up in a society. This is where most learned that it is bad to

From time to time you may need to borrow some cash. Therefore, you will find yourself searching for legal lenders. Differentiating licensed lenders and loan sharks is not a difficult task. The process is easy. But, when in trouble, staying away from loan sharks can be hard. While you are having a hard time differentiating

Both payday loans and personal loans serve the purpose of helping. especially with your present-day financial challenges. Even so, it is crucial for you to know the type of loan you need. In knowing whether payday loan or personal loan will serve your needs. It makes it easy since they each have various policies. Generally.